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HomeMy WebLinkAboutCC Reso No 1970-1307_ RESOLUTION N0. 1307 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ELSINORE, CAIIFORNIA, REQUESTING THE BOARD OF SUPERVISORS OF RIVERSIDE COUNTY TO ADOPT A REDUCTION FORMULA PHASING THE COUNTY OUT OF SHARING IN THE CITY'S SALES AND USE TAX AND C16ARETTE TAX REVENUES. WHEREAS; the cities in certain counties in Yhe state have agreed pursuant to the Bradley-Burns Uniform Local Sales and Use Tax Law to share a percentage of their local sales and use tax with their respective county, while cities in other counties do not share their local sales and - use tax with their respective county; and WHEREAS, the cities that share their local sales and use tax with their county receive a lesser percentage of their sales tax than they would other- wise receive and their county a proportionately greater percentage; and - WHEREAS, the State Board of Equalization advises that there is a definite trend for counties in the state to phase out the agreement to share in cities sales and use tax; and WNEREAS, the City of Elsinore believes that w nditions have significantly changed since it entered into the sharing agreement with the County on May 27, 1957, and : WHEREAS, existing inequities have been recognized by other counties in the state and they have agreed to phase out, over a certain period of time, of sharing in the cities' sales and use tax. NOW, THEREFORE, BE IT RESOLVED by the City of Elsinore that the Board of Supervisors of Riverside County be requested to adopt a policy similar to other c counties in the state to phase out of sharing in the cities' sales and use tax over the next five year period to correct existing inequities by reducing the amount of sales and use tax it receives from the cities in Riverside County by twenty per cent per year begi~ning with July 1, 1970 and concluding June 30, 1975, when the cities of Riverside County will receive 100 per cent of their share of sales and use taxes. ADOPTED by the City Council and signed by the Mayor and attested by the City Clerk this 26th day of January, 1970. i '~ ' ~'~ M yor of the City of Elsi o;e,, California Attest: . ~O~ ~.~ ~~.~ a/~v City Clerk of the City of Elsinore 1, Florene Marshall, City Clerk of the City of Elsinore, do hereby certify that this is a true and correct copy of Resolution No. 1307, pa~sed and adopted by the City Council of the City of Elsinore at their re9ular meeting held on the 26th day of January, 1970. ~~~ -~.,_-„oJ ~~-~_~k~ ~d0 City Clerk of the City of Elsinore -2-